Form 4: PBF Energy 10% Owner Sells 95,000 Shares

Control Empresarial de Capitales S.A. de C.V., a 10% owner of PBF Energy Inc., reported the sale of 95,000 Class A Common Shares across two transactions in late January 2026.

Summary

• Control Empresarial de Capitales S.A. de C.V., identified as a 10% owner and director of PBF Energy Inc., reported the sale of 95,000 Class A Common Shares.
• On January 29, 2026, 35,000 shares were sold at a weighted average price of $34.0676 per share, with individual transaction prices ranging from $34.00 to $34.12.
• On January 30, 2026, an additional 60,000 shares were sold at a weighted average price of $33.4615 per share, with individual transaction prices ranging from $33.40 to $33.54.
• Following these transactions, Control Empresarial de Capitales S.A. de C.V. beneficially owns 30,263,498 Class A Common Shares.
• This remaining ownership constitutes approximately 26.1% of the 115,847,488 issued and outstanding Class A Common Shares, based on the Issuer's Form 10-Q filed on October 30, 2025.
• The Slim Family, beneficiaries of a Mexican trust that owns Control Empresarial, are deemed to indirectly beneficially own these shares.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative signal due to a significant 10% owner and director reducing their stake, which could imply a lack of confidence or a belief that the stock is fully valued, though it is a routine disclosure of a completed transaction.

Negatives

• A significant 10% owner and director, Control Empresarial de Capitales S.A. de C.V., reduced its stake in PBF Energy Inc. by selling 95,000 Class A Common Shares.
• The sales occurred at weighted average prices of $34.0676 and $33.4615, indicating a slight decrease in the average sale price between the two transaction days.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding PBF Energy Inc.'s future performance or strategic direction.

Management Comments

• The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
• The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Industry Context

StockSavvy.ai notes that insider selling, particularly by a significant 10% owner and director, can sometimes be interpreted by the market as a signal regarding the company's future prospects or valuation. While not inherently negative, such transactions are closely watched by investors for insights into management's confidence and potential shifts in strategic alignment.

Comparison to Industry Standards

• This filing is a standard disclosure of insider trading activity as required by SEC regulations under Section 16(a) of the Securities Exchange Act of 1934. It does not provide information for direct comparison to industry-specific operational or financial benchmarks.

Stakeholder Impact

• Shareholders: May interpret the sale by a significant owner as a negative signal, potentially influencing investor sentiment and the company's share price.

Next Steps

• The reporting persons will provide full information regarding the shares sold at each separate price within the stated ranges upon request from the issuer, any security holder, or the SEC staff.

Key Dates

Keywords

PBF Energy, PBF, Form 4, insider sale, beneficial ownership, Control Empresarial de Capitales, Slim Family, Class A Common Shares, stock transaction